Press Releases by Category Business, Economy, Finances, Banking & Insurance
Live Software Solutions helps unique employee engagement software get to market …
Live Software Solutions (LSS), a Microsoft Gold Certified Partner which develops and delivers software, has helped OI Software to perfect its exciting new product, nGage. nGage is a rich, social application that integrates specifically with Microsoft Office SharePoint Server (MOSS) 2007, using and extending SharePoint's core functionality to transform the user’s intranet into a platform for universal employee engagement.
nGage with SharePoint enables, measures and celebrates:
• Leaders and managers being inclusive in…
LJL Funding Announces November 2008 Investor Distribution Of 10.53%
LJL Funding, LLC, the manager of the LJL Secured High Yield Income Fund I, LLC (the "Fund") is pleased to announce its November 2008 investor distribution. This marks the 18th consecutive month the fund has made investor distributions. The annualized year-to-date yield as of November 30, 2008 is 10.53%. The Fund is on track to meet its yearly goal of delivering an annual yield of over 10%…
iOffer.com Reports Record Holiday Sales
San Francisco, CA -- In the midst of a financially taut holiday season, iOffer.com reports record totals in dollar sales, units sold, new items listed, and new memberships over the past six weeks from November 1, 2008 to December 15, 2008.
As each week progressed, totals increased significantly relative to the same period the previous year. Dollar sales, traffic, and new member registration have nearly tripled, equating to well over…
Deckard Joins Robb & Stucky as Patio Store General Manager
PALM BEACH GARDENS, Fla. — Marlo Deckard, a veteran of the patio furniture industry, has been named general manager of Robb & Stucky Patio in Palm Beach Gardens.
For a decade, Deckard played an integral role as manager, buyer and merchandiser at her family’s outdoor furniture showrooms in Palm Beach County. She was directly involved with addressing the lifestyle and design needs of clients.
Deckard’s know-how complements the current trend of designing…
IQS Moves to New Corporate Headquarters to Support Growth
IQS, the leading provider of Enterprise Risk and Quality Management Software, announced today its move to a new headquarters in support of its fourth consecutive year of growth (See IQS Reports Fourth Consecutive Year of Growth). The new IQS headquarters is a Class A space in the Cleveland suburb of North Olmsted, OH. The space has been configured to meet the demands of IQS’ growing employee and customer…
Advice from DMC Software Solutions: Advice on the most effective IT outsourcing
DMC Software Solutions, an award winning Sage, Microsoft Gold and Dell Business Partner, has identified credit crunch busting tips to help company’s considering outsourcing their IT responsibilities to a third party support company and reduce IT expenditure.
A company’s computer network is the nerve centre of the business which all operations rely upon. However the cost of maintaining an in-house IT department can require a large investment, both in terms of…
Automaker Bailout Fails, Stock Market Short Lived Optimism Evaporates
After an opening surge on Monday, markets had a mixed time of it for the remainder of the week. President elect Barack Obama’s announcement of a huge public works program helped virtually every market rally against the main trends of the last few weeks. Equities and commodities were higher, while the dollar, bonds, and CDS levels all eased. Unfortunately the optimism didn’t last, with the refusal of congress to ratify…
Ernst & Young launches survey on how companies manage volatility in commodity Pr …
Mumbai, December 16, 2008: Professional services firm Ernst & Young today released its survey entitled, “Commodity price risk management survey 2008”.The survey indicates that commodity risk management operations are not fully geared to protect margins. The survey also indicates a lack of focused and structured hedging program within companies.
The survey captures views of senior executives from more that 45 companies across sectors having exposure to a wide range of commodities…
All Flex’ First Attendance at European Tradeshows Crowned with Success
electronica and COMPAMED International Shows Generated Significant Customer Interest in Flexible Circuits from All Flex
Northfield (Minnesota, US), December 15, 2008 - All Flex, manufacturer of flexible circuit technology, presented its portfolio of flexible circuits successfully at the international exhibitions electronica in Munich, Germany and COMPAMED in Düsseldorf, The product portfolio including flexible circuits that are single sided, double sided, and multilayer up to six layers was received with great interest…
BrandMaker receives “CyberChampion 2008” award in the “high potential” category …
Marketing software specialist based in Karlsruhe wins with business concepts and business development
Karlsruhe, November 25, 2008. BrandMaker, a Karlsruhe-based specialist in software for marketing process optimization (www.brandmaker.com) was given the first prize in the “high potential” category at the “CyberChampion 2008” award ceremony. The award was presented to BrandMaker on November 21 at the “Net Economy” conference in Karlsruhe, under the patronage of Ernst Pfister, the Commerce Minister of the…
WPC Fund to Take Advantage of Global Crisis
London, UK – 16 December, 2008 – With property prices bottoming out, many long-term investors, including the World Property and Commodity Fund are seizing opportunities positioning themselves to walk away from the crisis as the big winners. In many instances the pricing scale has swung from dramatically overvalued to equally undervalued. It has been well noted that there is a fire sale in the works. Forced sales have driven prices…
Religare strengthens its “Bancinvest” Channel Adds Karur Vysya Bank to its kitty …
New Delhi, December 12, 2008: Religare, an integrated financial services provider, and Karur Vysya Bank today announced their strategic tie-up offering Religare’s equity trading services to the Bank’s customers. This will eventually be followed by a roll-out of the entire spectrum of Religare’s services to the Bank’s customers. The partnership is a step forward to further strengthen the “Bancinvest” Channel created by Religare, which already includes tie-ups with IndusInd Bank,…
Transitions Optical Inc. Purchases the ensur Quality Management System
Norwich, CT – Mystic Management Systems, Inc. a twenty-five year supplier of quality management software to the life sciences, manufacturing, and packaged goods industries has been selected by Transitions Optical, Inc. of Pinellas Park, Florida. Mystic Management Systems will deploy the ensur Quality Management System, which contains document control, corrective action preventive action, and employee training management solutions.
“Transitions Optical, Inc. was meticulous in their selection of a quality…
Lloyd Pro Group Relocates its Corporate Office
Duluth, GA, (Lloyd Pro Group) Monday, December 15, 2008 –Lloyd Pro Group has outgrown its offices on Satellite Blvd and finds a new home in Park Summit with over 16,000 square feet of corporate office space.
As of October, Lloyd Pro Group now occupies a larger corporate office in Duluth, Ga. The company, which originated as an Insurance Agency in 1985 expanded its line of services five years ago…
Cheyne Capital wins three major credit awards
Cheyne Capital, a leading alternative asset manager, won three major awards for its credit fund business at the Creditflux industry awards in London.
Cheyne won the prestigious Manager of the Year award, as well as the awards for the Best Long/Short Credit Hedge Fund and Best Synthetic Equity CDO. These awards, together with a further five nominations, demonstrate Cheyne's wide-ranging expertise and continued leadership across the Credit space.
The Creditflux winners are…
Echelon helps Festival Housing Group do more than win a major award
Festival Housing Group (FHG), the West Midlands-based housing association, has won a UK Housing Award – in the ‘Developing Skills and Capacity’ category – for helping selected Year 10 and 11 pupils at Droitwich Spa High School to develop skills, and gain nationally recognised qualifications in, property maintenance. Known as the ‘Skills for Life project’, it began as a management training opportunity for FHG staff but has gone on to…
Filter Specialists International announces new Distributor in Greece
Vlachakis Systems appointed exclusive distributor for Filter Specialists International in Greece.
Hofheim-Wallau/Germany, 15.12.2008 – FSI Europe is pleased to announce an exclusive distributor partnership with Vlachakis Systems headquartered in Athens/Greece. Vlachakis Systems will exclusively offer and represent the filtration products of Filter Specialists International to the Greek market.
“With more than 35 years of experience in the painting industry, Vlachakis Systems is able to provide FSI Europe with the ideal platform on…
WEILBURGER Graphics starts on-line coatings community
Gerhardshofen, December 5th 2008 – WEILBURGER Graphics GmbH, with its registered office in Gerhardshofen (Franconia), is one of the first coatings manufacturers worldwide to recognise the signs of the times and start what is presumably the first Web 2.0 on-line community dealing with coatings in the graphics industry.
"The way people communicate and exchange information and experiences has undergone major change in recent years. Customers and interested parties now require…
Magazines.com Names Joyce Shirer Vice President of Marketing
Franklin, TN--Joyce Shirer has been named Magazines.com Vice President of Marketing, Magazines.com CEO and President Jay Clarke announced today.
“I am very excited about Joyce joining the executive team at Magazines.com. Joyce is a highly accomplished, very seasoned business leader,” said Clarke. “She possesses a rare blend of magazine circulation, consumer marketing and e-commerce expertise. She is well-suited to continue the culture of rapid, controlled growth that we have here at…
Lehman Brothers Officers and Directors, UBS Sued Over Principal Protection Notes
NEW YORK – The New York law firm of Zwerling, Schachter & Zwerling, LLP has filed a securities class-action lawsuit against UBS Financial Services, Inc., a subsidiary of Zurich, Switzerland-based UBS AG (NYSE:UBS), as well as officers and directors of Lehman Brothers, based on financial losses suffered by investors who bought securities known as principal protection notes.
Lehman Brothers issued the notes in question with UBS and Lehman serving as the…
THE LAW OFFICES OF JAMES SOKOLOVE EXPANDS SENIOR MANAGEMENT TEAM WITH EXPERIENCE …
The Law Offices of James Sokolove (LOJS), dedicated to providing equal access to the civil justice system, today announced the appointment of a seasoned business development executive to its senior management team. As vice president, Marc Stern will assume key responsibilities in creating and maintaining the consultative relationships characteristic of the LOJS’ affiliations with its co-counsel firms.
“Driving ROI for our co-counsel in the complex world of legal marketing is…
Kotak Securities Launches Smart Order
Kotak Securities, the stock broking arm of the Kotak Mahindra group today announced the launch of Smart Order, a new service from, Kotak Securities that will help clients buy and sell stocks at the best possible rates from either of the stock exchanges – BSE or NSE.
Prasanth Prabhakaran, Senior Vice President & All India Head for Broking, commenting at the launch of this new service, said, “Smart Order is a…
Callbox Sales and Marketing Solutions "Get Free Leads" Offer
With the launch of its “Get Free Leads” offer last month, Callbox Sales and Marketing Solutions was able to get a number of referrals from existing clients as well as from prospects which led to a significant increase in sales revenues for the company.
Banking on its large and global database, the “Get Free Leads” scheme offers clients and prospects anew the privilege to get $200 worth of targeted contacts from…
Las Vegas-based Twin Translations Offers Holiday Special
Las Vegas, NV (December 10, 2008) Twin Translations, a boutique translation and copywriting business owned by two seasoned linguists, announces the extension of its popular European holiday special to be applied to all clients in the U.S.
Earlier this month, Twin Translations Europe extended a 20% discount on all projects for any language combination for new and existing customers. The discount was so well received in these challenging economic times…
Bigmouthmedia appoints new Head of Client Strategy
Bigmouthmedia has appointed Phil Stelter to the new position of Head of Client Strategy.
A leading search marketing professional with over a decade of experience, Stelter will play a key role in the company's continuing expansion strategy. Charged with heading up the strategy team and driving initiatives to increase campaign integration and reduce client costs, the Californian expert will operate out of bigmouthmedia's London offices.
"The internet marketing business is rapidly…
Virtual TimeClock 2009 Roadmap: Helping Businesses Navigate a Challenging Econom …
Fresno, CA USA (December 9, 2008) – Redcort Software today released details on their upcoming Virtual TimeClock 2009 software release with special year-end pricing. Virtual TimeClock software for Windows and Macintosh computers helps small to medium size businesses easily manage their employee hours and overtime costs.
"Our customers have asked us to make Virtual TimeClock scale with their businesses both in terms of growth and economic changes, and we take those…
Mandat Managementberatung GmbH builds up an international reputation
German based management consultancy reports increase in inquiries from the USA and Europe
Dortmund, 9 December 2008 - Mandat Managementberatung GmbH of Dortmund meets with more and more interest from overseas. “Currently, we regularly receive inquiries for interviews, articles for publication in scientific journals, co-operation proposals and recently even a consultancy project,” says Mandat’s managing partner Dr. Guido Quelle (photo). He continued that in Europe, too, the company experienced an increase…
Women Predominate in European Online Retail for the first Time
Pago Retail Report 2008 - published by Deutsche Card Services - reveals large-scale changes in purchasing and payment behaviour
Cologne, 09 December 2008 - Women predominate in European online retail for the first time. 53.40% of all transactions were initiated by women, 46.60% by men. This is the result revealed by the Pago Retail Report 2008, which was just published by Deutsche Card Services, a member of Deutsche Bank Group. In…
Doeren Mayhew Named to Inside Public Accounting’s “Best of the Best” List for 20 …
TROY, MICHIGAN – Doeren Mayhew, Troy-based public accounting and management consulting firm, was named by Inside Public Accounting (IPA) as one of the five “Best of the Best” CPA firms in the Great Lakes Region. Doeren Mayhew is the only Michigan-based firm to achieve this honor.
IPA’s Best of the Best recognition honors 25 firms annually for their wise management and superior operational performance in fiscal and management metrics based on…
Network solution helps companies avoid downsizing into a security breach
VANCOUVER, CANADA – December 8, 2008 – A new IT-security packaged service, Devfense DNA, helps organizations identify their network assets and how their IT infrastructure is connected. This is the latest security offering from the Boonbox division of Pacific Coast Information Systems Ltd.
“Computer networks still face considerable security threats both from inside and outside the network,” says Pacific Coast Information Systems Ltd. President Vaclav Vincalek. “But before companies can begin…
Timbercon Adds Scott Christian to Account Management Team
LAKE OSWEGO, OR – December 1, 2008 - Timbercon, Inc., a fiber optic product and solution manufacturing company providing a vast array of connectivity solutions, today announced the appointment of Scott A. Christian as a Key Account Manager. Mr. Christian will be serving prime contractors in the military and defense industries, and will be based in Bend, Oregon.
“Mr. Christian brings over 15 years of significant defense industry…
INDIA’S GROWING APPETITE FOR FOOD – A STORY OF BOTH ‘NEEDS’ AND ‘WANTS’ …
India’s food retail business, which at 59.5% is the largest component of the overall retail industry in the country, is a confluence of needs and wants. The importance of food – the essential fuel of all life on his planet – has never been disputed. But, can it be the object of ‘aspiration’ as well? India’s growing population is not just raising demand for basic food grains; its rapid economic…
SGS-NDT Training and Examination Center becomes an Accredited Training Organizat …
The SGS-NDT Training & Examination Centre has successfully passed an audit by the British Institute of Non-Destructive Testing (BINDT) as is now an Accredited Training Organization (ATO). This authorizes SGS to conduct both Training and Examinations in accordance with BINDT requirements, in China and around the world.
It is an essential and increasing requirement of safety and quality assurance, that engineers and technicians are able to demonstrate the necessary level of…
IndiaMART.Com Wins “Red Herring 100 Asia” Award
New Delhi, December 8, 2008 — IndiaMART.com, India’s largest online B2B marketplace, has won the coveted “Red Herring 100 Asia” award. This recognizes IndiaMART.com in the 100 most innovative private technology companies based in Asia.
Accepting the award, Dinesh Agarwal, Founder & CEO of IndiaMART.com, has said, “We are honored to have won this prestigious award for our role in transforming online B2B landscape in India. This recognizes the success and…
Oxford University Press (India) implements EmpXtrack Human Resources Management …
Saigun Technologies, developers of EmpXtrack (empxtrack.com) On Demand Human Capital and Talent Management System announced that the leading publisher Oxford University Press (India) has chosen to implement EmpXtrack Human Resources Management System (HRMS) and Employee Self Service modules to manage its employee database and employee self service functions. This implementation will enable Oxford University Press' HR department to go paper less using web-based system for most of their HR functions.
EmpXtrack…
When CRM Software is Retired, Link 200 from DMC Software Solutions is the Answer
New version of Sage programmes are regularly developed, with the inevitable effect that legacy versions are made redundant, as with the example of SalesLogix version 6.2. This can cause major problems for companies who have such CRM software at the heart of their business, which is why DMC Software Solutions has developed Link 200.
As software evolves and develops junior versions are inevitably phased out and this is imminently true…
The Swinden Group Advises Clients in Sri Lanka and Southern India of Approaching …
EVERGREEN, Co — December 6, 2008 0600 UTC— The Swinden Group’s Weather Risk Management service is advising clients in the Sri Lanka and southern India region to prepare for the arrival of Tropical Cyclone 07B. The storm is expected to bring tropical storm force winds to the coast of Tamil Nadu and Puducherry and heavy rains to the region of southern India, possibly causing widespread flooding.
Currently located…
Away-from-Home Market Facts & Figures – Snapshot December 2008
Over 994 million meals served in canteens in Germany
Hamburg/Germany – Dec 05, 2008 - The business with meals at work in Germany is expanding. In 2007 has been more than 994 million meals served in the approx. 18,400 canteens (business & industry, health, welfare). The worth of all meals is over 4.4 billion Euro. Die most wanted meals at work are: sausages in curry sauce with french fries, spaghetti bolognaise,…
PCN follow up audit passed with zero non-compliance reports
After the SGS-NDT Training & Examination Center was granted the status of Authorised Qualifying Body (AQB), it has also now successfully passed the first follow up audit conducted by BINDT / PCN with zero non conformance reports.
Following the previous successful AQB accreditation of the independently run SGS-NDT Training & Examination Center by the British Institute of Non-Destructive Testing (BINDT) back in July 2008, it was necessary to undergo the…
The DiMora Initiative seeks to speak to Congress on behalf of the independent Am …
An informed perspective on the proposed $34 billion bailout of General Motors, Ford, and Chrysler and A forward-looking initiative and call to action to envision the new American automotive industry for the 21st Century
Presented by
DiMora Motorcar
An Independent American Automaker
December 3, 2008
Overview
Drawing behind them the dark storm clouds of a threatened depression, America's automotive giants are pressuring Congress to act precipitously and bestow upon them billions of taxpayer dollars in order…
ACR Chaitanya of Eltete India on packagingconnections.com
Gurgaon (India): Packagingconnections.com released its ninth p-interview today, featuring the Managing Director, Eltete India Transport Packaging Co Pvt Ltd – Mr. ACR Chaitanya. The interview was published on its packaging portal and it is one in the series of online interviews of subject matter experts of the packaging industry from all around the globe.
During the interview, Mr. Chaitanya expressed that “I would like to change the perception of the…
Pareto Law Launches Sales Team ‘Insourcing’ to support UK Business
UK businesses are being offered a new way to strengthen their sales teams, even in the face of a head count freeze, with the launch of ‘Insourcing’ from sales recruitment and training specialist Pareto Law.
Pareto, part of Randstad – the world’s second largest in/outsourcing company – has launched the new service to provide companies with additional sales resource, without the operating costs and commitment of staff on the payroll. …
The Swinden Group Helps Business Travelers Stay Ahead of the Storm
EVERGREEN, Co — December 4, 2008 — November 30th marked the end of the 2008 Atlantic Hurricane Season in which a number of storms wreaked havoc throughout the Caribbean. For the business and pleasure travelers visiting the region, the hurricane season could not end soon enough as many experienced ruined vacations, cancelled itineraries, lost time and money. However hurricanes alone do not account for the traveler’s headaches -…
Bruce Sewell speaking engagements to be offered by CSA Celebrity Speakers in Eas …
Bruce Sewell is senior vice president and general counsel of Intel Corporation. His management responsibilities include legal, corporate affairs, and Intel’s corporate social responsibility programs. And now he has joint the ranks of CSA Celebrity Speakers and the leading speakers’ bureau holds the exclusive rights to represent him for all of his speaking engagements.
“Dynamic and focused Bruce Sewell offers audiences valuable insights into the intricate world of corporate responsibility.” –…
IFSB-IAIS Working Agreement aims to enhance cooperation and understanding in mut …
Kuala Lumpur, December 4, 2008 – In line with its mandate to liaise and cooperate with relevant organizations currently setting standards for the stability of the international monetary and financial systems and those of the member countries, the Islamic Financial Services Board (IFSB) today announced that it has signed an agreement with the International Association of Insurance Supervisors (IAIS) which aims to enhance the cooperation and understanding in mutual areas…
ITW Dynatec Launches Their Redesigned Website – itwdynatec.com
Hendersonville, Tennessee, October 1, 2008. ITW Dynatec® announces the launch of a newly redesigned website located at itwdynatec.com. ITW Dynatec’s new corporate site has been created expressly to provide information to industries that demand high-quality, innovative products that provide value.
ITW Dynatec’s innovation, service, and reliability provide customers hot melt/cold glue components and systems that ensure that they stay on the cutting edge of their industry using energy efficient and reliable…
ReservHOTEL International joins forces with RateTiger
RateTiger - a market leader in online distribution management tools for the hospitality industry - has combined forces with ReservHOTEL, a leading international hotel marketing and service company.
ReservHOTEL will use RateTiger’s “RTConnect” product, an XML based system that acts as an interface between multiple reservation systems and over 300 IDS channels worldwide.
RTConnect allows reservation systems to consolidate updating of rates and inventory on different IDS channels.…
AerFinace PLC – UK based aviation holding starts consolidation of aircraft chart …
Despite slowing economy and capacity reductions, AerFinance plc plans to acquire various business aviation operators within Europe. Already now AerFinance plc is the owner of one of the first Air Taxi operator in Poland which recently received the European license to conduct commercial passenger flights throughout Europe. Direct Fly will form the basis for consolidation in this market, will bring cost down as well as strengthen negotiations with aircraft manufacturers…
IFSB – FSC/FSS of Korea to organise Seminar on Islamic Finance in Seoul
Kuala Lumpur, December 3, 2008 - The Islamic Financial Services Board (IFSB) is organising a Seminar on Islamic Finance on 13 - 14 January 2009 in Seoul, Korea. The Seminar, which is the first for the IFSB in Korea, is co-organised with the Financial Services Commission/Financial Supervisory Service of Korea. The Seminar aims to create awareness of Islamic finance in Korea to facilitate sufficient recognition among its financial community, as…
Money Merge Account Receives Accolades For Its System To Help Homeowners Pay Off …
BOISE, ID -- United First Financial® recently announced that its advanced financial system, The Money Merge Account®, helps homeowners pay off homes faster by using the principals of mortgage acceleration and interest cancellation, has been featured on the Fall cover of the popular trade publication Mortgage Planner Magazine. Often considered a 'financial GPS,' the Money Merge Account® is a unique proprietary program developed to help consumers eliminate thousands of dollars…